Which of the following will occur if the government institutes an effective price ceiling on strawberries? a. there will be a decrease in demand for and an increase in supply of strawberries.
b. there will be a decrease in supply of strawberries.
c. the quantity supplied of strawberries will decrease.
d. there will be a decrease in demand for strawberries.
e. the quantity demanded for strawberries will decrease.

Answers

Answer 1
Answer: Your answer would be B. Companies would have to pay more if an effective price ceiling was put in place so this makes it so companies produce less. Hope this helped!

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Which of the following best describes health insurance?A. insurance underwritten for a group as a whole rather than each individual in it

B. insurance covering losses resulting from physical damage to or loss of the insured's real estate or personal property

C. coverage provided by a firm to employees for medical expenses, loss of wages, and rehabilitation costs resulting from job-related injuries or disease

D. insurance covering losses resulting from medical and hospital expenses as well as income lost from injury or disease

Answers

Option (D) is correct. Insurance covering losses resulting from medical and hospital expenses as well as income lost from injury or disease is considered as health insurance.

Further Explanation:

Health insurance:

Health insurance refers to the insurance coverage which pays for the medical and surgical expenses of the insured person. The health insurance covers the risk of medical expenses of the insured person and other covered individuals. It provides coverage for the payment of the expenses incurred due to sickness or injury. The insured person pays the periodic premium and receives the coverage at the time of the contingency.

Justification for the correct and incorrect option:

A.

Insurance underwritten for a group as a whole rather than each individual in it: This is an incorrect option. The health insurance is not underwritten for the life of the individual or group.

B.

Insurance covering losses resulting from physical damage to or loss of the insured's real estate or personal property: This is an incorrect option. The insurance that covers the physical damage of the property comes under property insurance.

C.

Coverage provided by a firm to employees for medical expenses, loss of wages, and rehabilitation costs resulting from job-related injuries or disease: This is an incorrect option because it is not mandatory that the medical insurance is provided by the employer.

D.

Insurance covering losses resulting from medical and hospital expenses as well as income lost from injury or disease: This is the correct option because the medical insurance covers the losses from the injury and diseases.

Thus, option (D) is correct. Insurance covering losses resulting from medical and hospital expenses as well as income lost from injury or disease is considered as health insurance.

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Answer Details:

Grade: Senior School

Chapter: Insurance

Subject: Business Studies

Keywords: best, health, insurance, insurance, underwritten, group, whole, rather, than, each, individual, coverage, employees, medical, expenses, loss of wages, rehabilitation, costs, resulting, job-related, injuries, disease, insurance, covering, losses, resulting, medical, hospital, expenses, income, loss, injury, disease.

Well, insurance does not really cover something if you lose it, so A and B are out of the question. And depending if you were using a work beneficiary, like health insurance, it would be C, but for this one I would consider the answer as being D. Simple because, if you get hurt, they will cover it (if you have insurance.) (sometimes)

What can the Performance Planner assist you with? A. To create an optimized copy of your existing campaign, so that it can be tested with the drafts and experiments tool B. To determine which Google Ads features should be enabled to get the best performance from your campaigns C. To improve return on investment so you can drive more conversions within your target CPA (cost-per-acquisition) D. To analyze the search term report and add both keywords and negative keywords, depending on historical performance

Answers

Answer: The correct answer is C). To improve return on investment so you can drive more conversions within your target CPA (cost-per-acquisition)

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The tool helps to drive incremental conversions which is within your target and improve retunr on investment as well.

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Answers

A computerised cash payment system that doesn't require checks, cash, or other paper documents to transfer money. electronic funds transfer.

What is document?

A document is a written, drawn, presented, or memorialized representation of thought. Documents are used in a variety of fields, such as business, education, and law, to communicate ideas, share knowledge, and provide evidence. Documents, such as textbooks, reports, and forms, are often used to store and communicate information. Documents can be physical, such as brochures, or digital, such as emails and PDFs. Documents may also include audio recordings, videos, and images. Documents can be stored in many formats, including paper, digital, and microfilm. Document management systems are used to store, organize, and access documents. Document management systems can also be used to track changes, protect documents, and share documents with others.

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Answers

The right answer for the question that is being asked and shown above is that: "the average return of the entire stock exchange during those years." The information that does he need in order to calculate his real rate of return is that the average return of the entire stock exchange during those years

The government has decided that the free market price of cheese is too low. Farmers complain that the price floor has reduced their total revenue.Is this possible? Explain

Answers

Revenue is the product of price times volume (R = P * V). The problem for the farmers is that because the price of cheese (P) went up, demand for it (V) went down. Essentially, the government raised prices to a level higher than what many people wanted to pay. The farmers made more money with lower prices because they sold a lot of cheese (a high volume, in the terminology of the formula). The potential for these artificial imbalances is why markets are generally more effective than governments at setting prices.

An everyday low pricing strategy stresses the continuity of retail prices ____ (A) at a level above regular retail prices.(B) at a level between the regular price and the deep-discount sale prices of competitors. (C) at a level below the deep-discount sales prices of competitors. based on variable production costs.(D) at a price skimming level.

Answers

Answer:

B is the correct option.

Explanation:

Everyday low price (EDLP) is the pricing strategy under which the retail stores provides low price without waiting for the sale events. In this strategy, the firm sets a low price and maintains it for a long time horizon. Walmart is One company who succeeded due to everyday low pricing strategy. The retailer following this strategy offers its customers low prices throughout the year. Although this strategy offers slim margins the retailer manages to generate huge profits.

An everyday low pricing strategy stresses the continuity of retail prices  at a level between the regular price and the deep-discount sale prices of competitors.

What is a  everyday low pricing strategy?

An everyday low pricing strategy is a pricing strategy used by retailers where retailers promise customers low prices without having to wait for promos, sales, coupons or discounts.

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